FH is not ED, and in my opinion we never will be.
1. FH town centre is cut in half by the south circular and the railway line. ED is basically one shopping street - not nearly so busy and unwelcoming for visitors as London Road is.
2. ED (Lordship Lane) is suurounded by loads and loads of privately owned houses - mostly smallish period terraces which are perfect for young proffessionals, and gentrification. FH town centre does not have the same network of very nearby streets, and there is much more council housing, which does not benefit from gentrification.
3. ED is surrounded by Dulwich (posh), Camberwell (trendy) and Peckham (posh bits). FH is surrounded by....

FH is great, but by constantly comparing ourselves with ED we will just get an inferiority complex! ED is just a short bus ride (or walk even) away, so we can enjoy all its benefits, and still escape back to SE23.